Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) (FSE: A0I0), a Canadian company in the rare earth element and uranium sectors, is reporting on results from the first 17 drill holes completed from the reverse circulation (“RC”) drilling campaign at its PCH Ionic Clay Project in Goiás State, Brazil. According to the report, the first 17 RC drill holes represent a significant doubling in average depth of mineralized zones to 13 meters with overall weighted average grades of 1,566 parts per million total rare earth oxides (“TREO”), which is comparable to or surpasses other well-known international deposits. The report notes that all of the first 17 RC drill holes of the phase 1 drill program are rare earth element (“REE”) mineralized, with the average depth of RC drilling being more than 13 meters from the surface, a significant doubling in average depth of the mineralized zones. “It’s very exciting to witness the PCH Ionic Clay project’s potential increasing through this phase 1 drilling campaign with the average depth of mineralized zones increasing to 13 meters while consistently delivering extraordinary overall assay values which, in many cases, are from top to bottom of the hole,” said Appia Rare Earths & Uranium CEO Ton Drivas in the press release. “Ionic clay rare earths deposits are usually found within the top 10 to 20m from surface; they are easier to mine; more environmentally friendly because they contain low or no radioactivity; exhibit simpler metallurgy therefore easier and cheaper to process; and contain good amounts of both the very valuable heavy and light magnet rare earths that are in high demand for cleaner electrification and use in a large number of high-tech applications.”
To view the full press release, visit https://ibn.fm/RZl6k
About Appia Rare Earths & Uranium Corp.
Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The company is currently focusing on delineating high-grade critical rare earth elements and gallium on the Alces Lake property, as well as exploring for high-grade uranium in the prolific Athabasca Basin on its Otherside, Loranger, North Wollaston and Eastside properties. The company holds the surface rights to exploration for 113,837.15 hectares (281,297.72 acres) in Saskatchewan. The company also has a 100% interest in 12,545 hectares (31,000 acres), with rare earth element and uranium deposits over five mineralized zones in the Elliot Lake Camp, Ontario. Lastly, the company holds the right to acquire up to a 70% interest in the PCH Project, which is 17,551.07 hectares in size and located within the Goiás State of Brazil. For more information about the company, please visit www.AppiaREU.com.
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